wtf taxes

[Knobley]

normally, you can depend on the market doing what's best for the market. but when you push $9.7 trillion around to buy up companies and pushing government into corporations, things get wonky.

Well said.

Now watch the pundits say that capitalism doesn't work. What they should be saying is, capitalism that's been manipulated beyond recognition can't carry the load of non-participants indefinatly.

Eventually, Atlas shrugs.

You're thinking on this is very similar to my own. I'm not sure whether it's too late for the gold move or not, but don't underestimate the ability of the government to change the rules.

The great FDR (with whom our current administration is so frequently compared) was not above making it illegal to own private gold.

Knobley

[Kaynin]

Recession?

I'm growing faster this year then any year before.

:>

Economy growth = population growth in the long term. Recessions are just a means to become rich once economy stabelizes later on. Which it will, as we didn't loose consumer growth!

[dbick]

Well, if your president would have had some self-control you wouldn't have had a couple of planes crashing into your oh so beautiful towers.

You are so right! Our President shoulda had more self control!..wait you did mean Clinton right? You know, the sex crazed maniac that was sitting in the Oval office getting a BJ when they attacked the Twin Towers the first time. Typical liberals create a mess, make someone else come in to clean it up then blame someone else for creating the mess in the first place.

I agree with Keyclone that this down economy was created by the liberals not only to win the election but to scare us into letting them place more rules and regualtions on the US citizens. The only way most of the crap in the stimuls package could/would ever pass is if the American people were to panicked to care.

[keyclone]

i had predicted the 6,000 mark last aug/sep... and if we hit that, 4,500 is the next stop.

1929 would be 3,000

and 0bama is doing nothing to slow this train wreck (actually helping to push it into the ground faster)

if anyone wants to see how we got here, here's a good link (canadian press... so it was allowed to be printed )

[Naysayer]

Hm, the whole world-economy is going nuts and you complain about high taxes? Reading this post (from a non-american point of view) has given me quite a laugh.

Somewhere on the first page, someone were critizising the dismantling of the US army by reminding us of the 9-11. Well, if your president would have had some self-control you wouldn't have had a couple of planes crashing into your oh so beautiful towers. In Sweden we have this saying - om du ger dig in i leken får du leken tåla - which approximately means: if you started playing the game, make sure you will be able to handle the consequences. You put the highest % of your budget into the army in the whole world! And now with all your enemies you apparently cannot afford to dismantle it, because of the terrorist threat.
I wonder how the feeling of insecurity must be for you just and noble US-citizens. Maybe it might be somewhat similar to what the Iraqies felt when your dropped your bombs. Correct me if I am wrong, but a recent study has shown that the american's are more safe than ever before in history. A dismantle of the army wouldn't be such a bad choice, as you really could use the money. But no, remember the 9-11! It was an attack completelely unprovoced and without reason.
My memory may be failing me, but as I remember you were the one who attacked first.

Additionally, as the war against a country who wanted to, just like you, defend themselves simply wasn't enough, you were taking loanes with your houses as security. This did as we all know, end in one of the worst recessions since... I don't know when actually. But still some of you are debating with such patriotism I could almost expect the whole website to turn red, white and blue.

My point is, from what your beloved country has succeeded to come up with, all you are doing is complaining about your taxes. Shape up!

(Let the flaming begin)

You're sooooo cool. I wish I could make shit up and try to hate on the U.S like you. Then I'd be cool like you, you rebel.

Cool as ice. :thumbup:

[dbick]

[align=center]OneBigAssMistakeAmerica[/align]

[Bettysue]

My memory may be failing me, but as I remember you were the one who attacked first.

You may want to go review some history books - because you're talking out your ass right now.

Fur I can not help laughing my ass off when you go off on this guy with your avatar. Silly Swedes...

The media in Sweden most likely spins the story a different way. That's the problem with having different countries, different languages, different religions, and different cultures. All of them are right, and the other guy is wrong... I don't think we really need to argue about who has the best country. Sweden remains neutral in most large-scale world affairs, and therefore, shouldn't be allowed to speak on actions taken, I do however, believe they can criticize our culture all they want, that way when they finally decide to take action we too can criticize.

Our economy is screwed not because we were attacked, but because we live in a society that bends to the will of the lowest common denominator. We try to take from the rich and give to the poor by beating the shit out of robin hood, it never quite works... We need to allow the natural progression of capitalism take its course, instead we continue to throw money at the guy that can't control his spending. I think it was best said as "capitalism without failure is like religion without sin."

[Bigfish]

I'd argue the latest economic meltdown is being caused by and large by a "take from the poor (and middleclass) to give to the rich" mentality, which is to say we have a lot of educated high-up-the-corporate ladder businessmen who for the last decade+ have made millions off America's lavish spending habits, telling them they can pay tomorrow for the crap they want today. Economy boomed, billions were made, and all was well.

Until Tommorow came.

Now we're stuck looking at bankruptcies, foreclosures, and large contractions in consumer spending because people now realize that eventually the bill comes due. The best part is, we're not holding anyone responsible. Bob McMason the CEO gets to resign "in shame" to his millions of dollars and early retirement, thus leaving the current generation to pick up the pieces and figure out who specifically fucked up where.

50 years from now, when economists and historians look at "the 2nd Great Depression", they're going to think the same things we do now about the backwards economics of the early 20th century.

[dbick]

The facts are that its those evil ceo types that are paying the majority of the taxes in the USA. You want to bring them down because they are rich? Then who is going to pay for all the liberal social programs?




Less than four dollars out of every $100 paid in income taxes in the United States is paid by someone in the bottom 50% of wage earners. The top 50% were those individuals or couples filing jointly who earned $26,000 and up in 1999. (The top 1% earned $293,000-plus.) Americans who want to are continuing to improve their lives - and those who don't want to, aren't. Here are the wage earners in each category and the percentages they pay:

Top 5% pay 53.25% of all income taxes (Down from 2000 figure: 56.47%). The top 10% pay 64.89% (Down from 2000 figure: 67.33%). The top 25% pay 82.9% (Down from 2000 figure: 84.01%). The top 50% pay 96.03% (Down from 2000 figure: 96.09%). The bottom 50%? They pay a paltry 3.97% of all income taxes. The top 1% is paying more than ten times the federal income taxes than the bottom 50%! And who earns what? The top 1% earns 17.53 (2000: 20.81%) of all income. The top 5% earns 31.99 (2000: 35.30%). The top 10% earns 43.11% (2000: 46.01%); the top 25% earns 65.23% (2000: 67.15%), and the top 50% earns 86.19% (2000: 87.01%) of all the income.




This Doesn't exactly sound like "Take from the poor to give to the rich" to me. How do people who don't pay federal income taxes deserve a tax cut? You wanna see economic stimulus? I say give the business in this country more tax cuts, reduce capital gains taxes, eliminate the "death taxes" and reduce taxes on energy. Where's Ronnie when we need him

[Basilikos]

Where's Ronnie when we need him

Indeed.